The government is exploring a strategy to task a company with buying electric vehicles (EVs) in bulk and then leasing them to companies such as taxi aggregators, in an attempt to bring down the cost of such vehicles

April 21 was the first ever working day since the Industrial Revolution that Britain generated power without coal. The West Burton 1 power station, the only coal-fired plant up and running, went offline a day earlier

In a step towards environmental protection and sustainable manufacturing, Ludhiana Beverages Private Limited, an authorized franchise bottler of Coca-Cola today announced the commissioning of a 100 KW solar power plant.

State-owned miner Coal India has not only missed its production target by 12% during the first month of the current fiscal, it has also witnessed a 4.8% fall over the previous corresponding period. On the sales front, the company managed a 6.1% growth although it missed targets for the month by some 9%.

India’s power-for-all plan is facing an unexpected challenge. Legal electricity connection with bills isn’t attractive for many villagers in several states, because it is a drain on their meagre income.

OIL AND GAS

India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.

Oil and Natural Gas Corporation (ONGC) has been rallying. Motilal Oswal has upgraded the stock after a long time stating that cost efficiency, production growth and dividend yields are the key drivers for a rerating.

Under a recently announced pilot project, the price of petrol and diesel is being revised on a daily basis in five cities. The process started on Monday – India’s state-run oil marketing companies have planned a gradual move to international standards

Further decontrol over petrol and diesel prices in India has begun with oil companies like Indian Oil Corporation announcing a pilot project where prices of these two fuels will change on a daily basis based on their international prices

Days after the Uttar Pradesh police detected that some fuel outlets were tampering with the fuel calibration system, oil minister Dharmendra Pradhan said that all fuel stations in the Uttar Pradesh will be re-examined

Uttar Pradesh minister Srikant Sharma on Tuesday commented on the rising situation of petrol theft in the state and issued a stern warning to petrol pump owners who indulged in the act of thievery, asking them to “stop looting customers or face punitive action”, according to to the PTI.

INFRASTRUCTURE

The Railways will invite bids this month from top foreign and domestic vendors for a Rs 20,000 crore joint venture project to manufacture around 5,000 electric coaches that will have modern facilities and run faster than existing ones.

New Delhi to Mumbai via Jaipur and Indore in just 80 minutes. Or, Bengaluru to Chennai in 21 minutes. These transportation speeds can change the way India moves its people and cargo. While we will wait for the half-a-century old 300 kmph bullet train to be a reality, the 1,300 kmph plus future in transportation is already knocking at our doors.

The Railways will invite financial bids worth over Rs 20,000 crore for manufacturing around 5,000 AC and non-AC coaches that will be equipped with modern facilities and run faster than existing ones, at Kanchrapara rail factory this month

Government organisations engaged in road construction, including the Border Roads Organisation (BRO), have been warned their projects will be taken away from them if they are not completed on schedule, a senior minister has said.